Wednesday, November 21, 2018
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NAICOM vows to go on with insurance industry reforms

…Enough of playing catch-up game -Kari

Insurance industry regulatory body, the National Insurance Commission has vowed to push on with its restructuring of the nation’s insurance landscape insisting that the industry needs a lifeline for it to impact positively on the economy of the nation.

PenCom mops up N14.76bn outstanding contributions, fines

The acting Director General of the National Pension Commission (PenCom), Mrs Aisha Dahiru-Umar, said that the recovery agent appointed by the commission has recovered N14.76 billion outstanding pension contributions and penalties.

How much is your pet’s life worth?

You really love Spotty. She’s a one-in-a-million canine and for the past five years she has brought nothing but joy to your life. Then, she had a squabble with the next-door neighbour’s Doberman. You rushed her to the vet and got her stitched up. Thankfully everything went well and Spotty pulled through. And then you got the bill…

Insurance Industry: How feasible is the N16trn income by 2020?

The Nigerian insurance industry has been in existence for close to a century, yet, in the past five years, the Gross Written Premium of the industry has hovered between N300 billion and N320 billion, which is evident of the fact that the figures are not growing in the same proportion, if the enormous potential at the disposal of the sector is to be used as benchmark.

Zakariya'u mulls structural reform of financial services sector

Past President, Chartered Insurance Institute of Nigeria(CIIN), Alh. Bala Zakariya’u, has called for the structural reform of the financial services sector and the national economy so as to engender improved investor confidence and attract more foreign direct investments.

Lagos State: New batch of 169 retirees get N716, 951m

Stories by EDDY JOHN

The Lagos State Government has again credited the sum of N716,951 million into the Retirement Savings Accounts (RSA) of 169 retirees from the Public Service for the month of June. 120 retirees from SUBEB, seven from Local Government and 42 from the Mainstream Public service benefited in the exercise.

NAICOM vows to go on with insurance industry reforms

To remain relevant in the insurance value-chain in Nigeria, the “Future Broker” must be prepared to change its old toga for a new one that is innovative and technology driven, the Commissioner for Insurance, Mohammed Kari, has said.

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